Friday Market Prices All Lower as Risk Off Day in Outside Markets Spills Over, Including Fresh Highs in the Dollar

Grain and livestock prices continued lower into the close on Friday with the risk off day in the outside markets, especially the fresh highs in the dollar.  Michelle Rook summarizes the day and looks ahead at how long the pain will continue with Jim McCormick at AgMarket.Net.  

 

Latest News

Safety Initiatives To Maximize Efficacy And Well-being For Aerial Application
Safety Initiatives To Maximize Efficacy And Well-being For Aerial Application

Without careful planning and placement of these structures, farmers risk losing the option for aerial spraying.

Cattle Await Cash and COF News: Grains See Short Covering, Add War/Risk Premium
Cattle Await Cash and COF News: Grains See Short Covering, Add War/Risk Premium

Scott Varilek, Kooima Kooima Varilek says live cattle see pressure ahead of cash news and COF but have absorbed a lot of bearish news. Hogs consolidate, with short covering in grains putting in war premium.

Renewable Fuels Industry Waiting for Key Policy Decisions
Renewable Fuels Industry Waiting for Key Policy Decisions

Sales of E15 fuel blends this summer is another concern.

AgDay Markets Now: Arlan Suderman says Soybeans Fall on South American Hedge Pressure and Could Take Out Contract Lows
AgDay Markets Now: Arlan Suderman says Soybeans Fall on South American Hedge Pressure and Could Take Out Contract Lows

Soybeans continue to see South American hedge pressure and that is dragging down corn says Arlan Suderman of StoneX.

There’s No Shortage of Cool Machinery On the Auction Trail 
There’s No Shortage of Cool Machinery On the Auction Trail 

An International Harvester 856 diesel tractor, a Peterbilt 389 Glider kit day cab semi and a collection of John Deere 55 series tractors are just a few pieces of equipment that have caught Machinery Pete's eye lately.

IGC Cuts World Corn Production Forecast
IGC Cuts World Corn Production Forecast

The International Grains Council (IGC) cut its forecast for 2024-25 global corn production by 7 MMT.